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20121129
20121207
Search Results 0 to 5 of about 6 (some duplicates have been removed)
obama. john boehner is acting as if we never had an election in the first place and the election doesn't mean anything. is the senator has passed a tax break and john boehner is saying no, we will let 98% of americans pay $2,000 more in taxes. we will give a tax increase. we will raise taxes on 98% of americans unless you give us another tax break for our buddies and millionaires and billionaires, the top 2% in the country. you can't blame even mitch mcconnell any more. it's john boehner who is standing in the way. he did so again the republicans give this babble. the president says what's your plan? what do you want to cut? close loopholes. what loopholes? they won't say. to them, nothing. a detailed plan versus nothing. you've got a existed in in president obama versus a lose her in john boehner. and here is boehner again yesterday, on fox news sunday saying, when he looked at the president's proposal, oh my god. >> i was flabbergasted. >> flabbergasted. >> he can't be serious. i just have never seen anything like it. we've got seven weeks
obama and speaker boehner spoke on the phone yesterday for the first time in days. both men agreed not to publicly characterize how the conversation went. but the stalemate in negotiations entered new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans -- remember, it's only 2%. the size of the problem in some sense is so large, it can't be solved without rates going up as part of that. again, i think there's broad recognition of that reality now. >> one fallback option republicans are reportedly considering is to accept tax cuts for the middle class, allow rates to go up for the wealthiest, and then start the fight over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a
the republican party. wait until you hear what jim demint told rush limbaugh today about speaker boehner. >>> plus, michigan police pepper spray protesters after governor schneider calls for a right to work bill that strips union power. president obama just responded to this. we're live in michigan tonight. >>> and it's a political battle for the ages. we'll tell you why first lady michelle obama and former president bill clinton are going head to head. you're watching "politicsnation" on msnbc. >>> i just spotted mitt romney at costco again. go ahead and return that oval rug you ordered. [ male announcer ] now's the perfect time to buy an adjustable version of the most highly recommended bed in america. the tempur-pedic ergo system. treat yourself to the ultimate sleep experience and save up to $400 during the tempur ergo savings event. plus visit tempurpedic.com for full details on our 0% apr financing with up to five years to pay. don't wait. five-year special financing ends december 10th. visit tempurpedic.com now. tempur-pedic. the most highly recommended bed in america. >>> have yo
are at a virtual impasse when it comes to entitlement benefits and tax hikes. and while president obama is sending timothy geithner over to capitol hill today the president himself was supposed to meet with john boehner this week but now it seems he has no plans of doing that. but politico is reporting this morning that the top officials who have been working on this deal behind the scenes for months now said they are starting to get together an outline of an agreement. if all of that does go through here's what we can expect. for one taxes will go up by about $1.2 trillion. president obama has called for a $1.6 trillion tax hike over the next decade. this is right about in the middle of what democrats want and what republicans say they're willing to give. people making more than $250,000 a year should see limited deductions and loopholes and they'll most likely see a rise in their rates as well. as for entitlement benefits and this mainly goes for medicare, those will be cut by at least $400 billion and potentially a lot m
Search Results 0 to 5 of about 6 (some duplicates have been removed)